Tenancy Agreement with Lodger

As a landlord, it is essential to have a tenancy agreement in place when renting out a room to a lodger. A tenancy agreement outlines the terms and conditions of the rental agreement, protecting both the landlord and the lodger.

Here are some key points to consider when drafting a tenancy agreement with a lodger:

1. Rent: The agreement should state the amount of rent and when it is due. It should also address whether there are any additional fees, such as utilities or internet.

2. Duration: The agreement should specify the length of the tenancy. Typically, it’s a good idea to have the agreement run for six months to a year with an option to renew.

3. Security deposit: It’s important to include a section about the security deposit. The amount of the deposit should be stated, and the agreement should outline what circumstances would result in forfeiture of the deposit.

4. House rules: The agreement should list any house rules, such as whether smoking is permitted, pets are allowed, or guests are allowed to stay over. It should also specify whether the lodger has access to common areas of the house.

5. Termination: The agreement should specify what circumstances would lead to the termination of the tenancy. For example, if the lodger fails to pay rent or breaks one of the house rules.

6. Maintenance and repairs: The agreement should specify who is responsible for maintenance and repairs. Typically, the landlord is responsible for repairs due to wear and tear, while the lodger is responsible for repairs caused by their own negligence.

7. Notice: The agreement should specify the amount of notice required by either party to terminate the tenancy. Typically, 30 days’ notice is required.

8. Insurance: The agreement should specify whether the lodger is required to carry renters’ insurance.

9. Access: The agreement should specify the circumstances under which the landlord can access the room or the house. Typically, landlords are required to give 24 hours’ notice before accessing the room.

10. Signatures: Finally, the agreement should be signed and dated by both the landlord and the lodger. This ensures that both parties have agreed to the terms and conditions of the tenancy.

In conclusion, having a tenancy agreement in place protects both the landlord and the lodger. It’s important to consider all the points above when drafting an agreement, and to make sure that both parties fully understand and agree to the terms. By doing so, the rental relationship can start off on the right foot and minimize any potential conflicts down the road.